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- Wall Street rises after claims data, but ISM weighs (Reuters)
- Factory growth cools, real spending stagnant (Reuters)
- February auto sales rise; GM posts surprise gain (Reuters)
- IMF says threat of sharp global slowdown eased (Reuters)
- Wal-Mart raises dividend nearly 9 percent (Reuters)
- NY: Wall Street cash bonuses to drop 14 percent (AP)
- Oil and gasoline prices continue to march higher (AP)
- Summary Box: Ahold net profit rises 75 percent (AP)
- Eurozone agrees in principle on Greek payment (AP)
- Average rate on 30-year mortgage down to 3.90 pct. (AP)
- France easily sells $10.8 billion in bond auctions (AP)
- Spring comes early for retailers; will it last? (Reuters)
- Mortgage rates for the past 52 weeks, at a glance (AP)
- Alaska: Estimates provided on oil profits bill (AP)
- Mustache bill puts congressman in hairy situation (AP)
- Clinton: Auto bailout most important Obama move (AP)
| Wall Street rises after claims data, but ISM weighs (Reuters) Posted: 01 Mar 2012 08:14 AM PST
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| Factory growth cools, real spending stagnant (Reuters) Posted: 01 Mar 2012 07:32 AM PST Reuters - Growth in U.S. manufacturing unexpectedly cooled in February and consumer spending was flat in January for the third straight month after accounting for inflation, casting a pall over the economic outlook. |
| February auto sales rise; GM posts surprise gain (Reuters) Posted: 01 Mar 2012 09:11 AM PST Reuters - A surprising sales gain by General Motors Co and strong performances by Ford Motor Co and others helped push U.S. February auto sales to their highest annual sales rate in nearly four years as consumer confidence improved and drivers gave in to the need to replace their aging cars and trucks. |
| IMF says threat of sharp global slowdown eased (Reuters) Posted: 01 Mar 2012 08:47 AM PST Reuters - The probability of a sharp global slowdown has eased due to recent policy measures adopted in the euro zone to tackle its debt crisis, the International Monetary Fund said on Thursday, but it warned risks to world growth remain "squarely to the downside." |
| Wal-Mart raises dividend nearly 9 percent (Reuters) Posted: 01 Mar 2012 06:32 AM PST Reuters - Wal-Mart Stores Inc raised its annual dividend by nearly 9 percent on Thursday, as momentum in the company's key Walmart U.S. chain has rebounded. |
| NY: Wall Street cash bonuses to drop 14 percent (AP) Posted: 29 Feb 2012 11:29 AM PST AP - Wall Street cash bonuses for 2011 are expected to drop 14 percent and profits are expected to drop by half for the second year in a row, according to a forecast Wednesday by New York state Comptroller Thomas DiNapoli. |
| Oil and gasoline prices continue to march higher (AP) Posted: 01 Mar 2012 07:38 AM PST
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| Summary Box: Ahold net profit rises 75 percent (AP) Posted: 01 Mar 2012 09:09 AM PST AP - RISING PROFIT: Royal Ahold NV, the owner of U.S. and Dutch grocery chains including Giant and Stop and Shop, says its fourth-quarter net profit soared by 75 percent |
| Eurozone agrees in principle on Greek payment (AP) Posted: 01 Mar 2012 09:00 AM PST AP - The finance ministers of the 16 other countries that use the euro on Thursday agreed in principle to give Greece a first batch of bailout money to finance a massive debt relief deal with private investors. |
| Average rate on 30-year mortgage down to 3.90 pct. (AP) Posted: 01 Mar 2012 07:33 AM PST AP - The average rate on the 30-year mortgage edged down this week to hover again above record lows. Cheaper rates have spurred modest improvements in the battered housing market, but not enough to signal a recovery. |
| France easily sells $10.8 billion in bond auctions (AP) Posted: 01 Mar 2012 08:10 AM PST AP - The French treasury says it sold euro8 billion ($10.8 billion) in bonds amid relative calm on financial markets ahead of a two-day summit of European leaders aimed at charting a path back to growth. |
| Spring comes early for retailers; will it last? (Reuters) Posted: 01 Mar 2012 08:57 AM PST Reuters - Mild weather helped spur consumers to buy spring clothing in February, leading to broad sales gains at top U.S. chains, with even perennial laggard Gap Inc posting its first increase in eight months. |
| Mortgage rates for the past 52 weeks, at a glance (AP) Posted: 01 Mar 2012 07:28 AM PST AP - Mortgage rates for the past 52 weeks, at a glance |
| Alaska: Estimates provided on oil profits bill (AP) Posted: 01 Mar 2012 08:32 AM PST AP - Preliminary Revenue Department estimates show Alaska would've received $1.3 billion more from oil and gas companies over the last five years if a bill that would change how companies pay corporate income taxes had been in effect. |
| Mustache bill puts congressman in hairy situation (AP) Posted: 29 Feb 2012 01:35 PM PST AP - A Republican congressman from Maryland is in a hairy situation over a proposal to give tax breaks to Americans with mustaches. |
| Clinton: Auto bailout most important Obama move (AP) Posted: 01 Mar 2012 08:43 AM PST AP - Former President Bill Clinton says the auto industry bailout was the single most important decision by President Barack Obama — even bigger than pushing his health care overhaul through Congress. |
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